Founded 2005 by Jon Callaghan and Phil Black. HQ Palo Alto. $3.8B+ AUM across 12 funds; 7 IPOs and 60+ acquisitions. 500+ companies backed; 1,050+ founders. Notable portfolio: Automattic (WordPress), Duo Security, Fitbit, Hashicorp, Peloton, Ring. 85+ AI investments. Partners are serial founders themselves (25+ companies built collectively). Awarded NVCA Venture Firm of the Year 2018.